Exploring the Concept of Arbitral Awards Under the New York Convention

Konstantina Kalaitsoglou

doi:10.1177/20555636211022839

Exploring the Concept of Arbitral Awards Under the New York Convention

Konstantina Kalaitsoglou^* (Corresponding Author)

^*Corresponding author for this work

Law

Research output: Contribution to journal › Article › peer-review

Abstract

Abstract
Despite its importance, the arbitral award was left undefined by the New York Convention and most other major international arbitration laws. This has inevitably led to varying opinions regarding its nature and confusion regarding the thresholds that differentiate arbitral awards from other tribunal decisions. Partly in response to the above, there has been discussion to initiate the revising process of the Convention. Responses have been divided. In this paper, the author finds that revision will not bring the desired results, while the Convention itself has equipped international arbitration practice with tools to overcome obscure legal concepts such as the arbitral award.

Original language	English
Pages (from-to)	99-112
Number of pages	14
Journal	Journal of Strategic Contracting and Negotiation
Volume	5
Issue number	1-2
Early online date	29 Jun 2021
DOIs	https://doi.org/10.1177/20555636211022839
Publication status	Published - Jun 2021

Keywords

dispute resolution
commercial contracting
arbitration award

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10.1177/20555636211022839Licence: CC BY

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Cite this

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title = "Exploring the Concept of Arbitral Awards Under the New York Convention",

abstract = "AbstractDespite its importance, the arbitral award was left undefined by the New York Convention and most other major international arbitration laws. This has inevitably led to varying opinions regarding its nature and confusion regarding the thresholds that differentiate arbitral awards from other tribunal decisions. Partly in response to the above, there has been discussion to initiate the revising process of the Convention. Responses have been divided. In this paper, the author finds that revision will not bring the desired results, while the Convention itself has equipped international arbitration practice with tools to overcome obscure legal concepts such as the arbitral award.",

keywords = "dispute resolution, commercial contracting, arbitration award",

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note = "Acknowledgements I would like to express my gratitude to Dr Patricia {\v Z}ivkovi{\'c}, whom I was lucky to be taught by at the University of Aberdeen, in the area of international commercial arbitration. Dr Patricia's work ethic, expertise and passion for international arbitration have inspired me to not only author this work but to pursue a career in the sector. Funding The author received no financial support for the research, authorship and/or publication of this article. Open access via Sage agreement ",

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PY - 2021/6

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N2 - AbstractDespite its importance, the arbitral award was left undefined by the New York Convention and most other major international arbitration laws. This has inevitably led to varying opinions regarding its nature and confusion regarding the thresholds that differentiate arbitral awards from other tribunal decisions. Partly in response to the above, there has been discussion to initiate the revising process of the Convention. Responses have been divided. In this paper, the author finds that revision will not bring the desired results, while the Convention itself has equipped international arbitration practice with tools to overcome obscure legal concepts such as the arbitral award.

AB - AbstractDespite its importance, the arbitral award was left undefined by the New York Convention and most other major international arbitration laws. This has inevitably led to varying opinions regarding its nature and confusion regarding the thresholds that differentiate arbitral awards from other tribunal decisions. Partly in response to the above, there has been discussion to initiate the revising process of the Convention. Responses have been divided. In this paper, the author finds that revision will not bring the desired results, while the Convention itself has equipped international arbitration practice with tools to overcome obscure legal concepts such as the arbitral award.

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ER -

Exploring the Concept of Arbitral Awards Under the New York Convention

Abstract

Keywords

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